Harig Crankshafts

Harig Crankshafts Limited is an Indian public company established in 1983, operating within the auto ancillary manufacturing sector. The company's core business is the manufacturing of key automotive components, specifically forged and machined crankshafts and stub axles. Its governance is guided by a philosophy of ensuring fairness to all stakeholders through transparency, accountability, and ethical corporate behavior. Due to financial distress, the company was admitted into the Corporate Insolvency Resolution Process (CIRP) on March 31, 2023. A new resolution plan has been approved with the strategic intent to diversify the company's business within the Auto Ancillary Sector. As part of its financial restructuring, a new applicant infused INR 9.975 Crores of fresh capital into the business.;